[Funding alert] Tiger Global-backed OkCredit to raise $1M from its parent entity
(WorldNews Business)

Faridabad-based mobile app OkCredit, which helps small and micro businesses keep track of payments and credit records, has taken approval of its members to raise a convertible debt of $1 million from its US-based holding entity OkTech Inc. According to the RoC filings accessed by YourStory, the company aims to utilise this money for capital expenditure and working capital needs. The firm recently raised...